- Infrastructure And Energy Alternatives is a company that has risen dramatically in recent months and is relatively uncorrelated to the broader stock market.
- It has benefited from improved financial performance, as well as extreme demand for green energy from investors and utility companies.
- While the company managed to post strong profits in Q3, its margins are very volatile and thin due to the high-cost, labor-intensive nature of its industry.
- If Infrastructure And Energy Alternatives can sustain positive margins, it is a cheap company with low forward valuations. However, financial debt and preferred equity remain a burden.
For further details see:
Infrastructure And Energy Alternatives: Q3 Profitability Is A Bullish Signal, But Green Energy Is Getting Expensive